Blockchain analysis firm Nansen recently made headlines by identifying DBS Bank, Singapore’s prominent banking institution, as a cryptocurrency whale. The wallet in question reportedly contains a substantial amount of Ether (ETH), valued at a staggering $650 million in today’s market. DBS Bank’s Crypto Ventures DBS Bank is no stranger to the world of cryptocurrency. The
Crypto
Gemini’s bankrupt crypto lending arm has managed to achieve an impressive feat by successfully recovering almost all of its customers’ digital assets. This achievement sets a new standard for industry recoveries from insolvency, showcasing a responsible and proactive approach to addressing financial setbacks in the world of cryptocurrency. The announcement made by Gemini Earn regarding
Former FTX co-CEO Ryan Salame has been sentenced to 90 months in prison for his involvement in conspiring to make illegal political contributions and defraud the Federal Election Commission, as well as for conspiracy to run an unlicensed money-transmitting business. The sentencing was handed down by US District Judge Lewis A. Kaplan after Salame pled
The recent approval of spot Ether exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) has sparked interest in the potential impact on the market, particularly in relation to outflows. A report by Kaiko suggests that Grayscale’s upcoming spot Ether ETF could see significant daily outflows if it follows a similar trend to
The Normie (NORMIE) token recently faced a major setback when its value plummeted by 99% within just three hours due to a smart contract exploit. This exploit caused its market cap to drop from a staggering $42 million to a mere $200,000. In the aftermath of the incident, the developers of the Base meme coin
